One of the key to having a successful business is understanding your competitors which from your discussion so far, is a misplaced one because sounding like you want to compete with YouTube is complete out of it. Your idea is more complex than you imagine it in your head and this is what you need to get right before moving to the phase of implementation if you are serious about seeing it through.

There are several variables that you have to consider. If you willing to pay for people for content, who will pay you for it? I.e for the token you are willing to pay with to have value, then someone must be willing to pay for it.

Another variant is the intellectual property of content uploaded on your website. Won't you be paying people for stealing other people's effort to upload on your website?

Such platforms already exist, they pay with VIULY and LBRY cryptocurrencies. Soon should start payments tokens VIT on PornHub and possibly on Playboy.tv. However, I also do not understand,and here the idea of a blockchain,except for payments with tokens for downloading and viewing clips.

I can help you with marketing, PM me for more details.

Hello Knightblade,

First thing I want to say that your move is quite good. I m saying that because we have developed blockchain solution for video sharing sites and its working amazingly.

Suggestion - Stepwise

1st step

Blockchain Ideation-
Brainstorm idea and business requirements
Roadmap of the product
Platform

2nd step -

Find out Blockchain development company for your product development
Launch your ICO
launch your product


We are IBM blockchain development partner and develop 100+ blockchain solution. If you need any help you can ping us.
https://www.leewayhertz.com/blockchain-development-company/?utm_source=Crypto_forum_commenting&utm_medium=Bitcointalk&utm_campaign=comments

He definitely doesn't know on whats the true meaning or usage of blockchain itself and just simply implying or inserting it into his own idea about a youtube-like site and paying up crypto.

I believe the OP wants to reward the users who would upload content on his website through tokens. It's more of a smart contract than a 'blockchain'. I think the OP doesn't know the difference between the two, But it is achievable. Or it could be that OP wants to use 'Blockchain' or 'P2P' technology to store up user-uploaded content and reward the 'miners' for storing up the videos. Either way, the idea is a good one IMO.

As for What he should do? Hire Devs who have experience with Solidity, c++ and altcoin creation to code the system out But Before that, he should make up a whitepaper and try to get an investor on-board if he can't fund it himself. Cuz something like this will need a good amount of investment for marketing. It could give youtube a run for its money if it is promoted/implemented properly.

So you want to record what everyone watches?  Why would someone join that?

If I am wrong, sorry - how do you intend to invoke a blockchain?